You might think that seasoned equity trader Serge Berger is sitting at his desk with his head in his hands, after all it’s been a bleak start to the year. The S&P 500 has been smashed; with energy stocks seeing EPS down around 70% year on year. This earnings season has revealed even more wounding numbers: sales down 2.5% for S&P 500 firms. Industrials sales down 8%, the list goes on. Yet he’s managing to stay positive and sees profit amid the poor results.
Serge even mentions the dreaded ‘R word’: recession, and yet in the next breath he’s saying that the extra volatility makes 2016 a “great trading year” and in this video he explains why he’s looking forward to the opportunities a downturn can bring.
Watch the Video, click on the image below: